Sitara Solar Plant
Sector: Solar • Location: India
Source: World Bank Group
AC Energy and UPC are jointly (via UPC-AC Energy Solar) developing the 140MW Sitara solar plant in Rajasthan, India. The total investment is $ 67 million, $17 million of which split equally between the sponsors. Debt provider with a total amount of $ 50 million is the US International Development Finance Corporation, a new brand combining the previous US government owned institutions the Overseas
- Status
- Prospective
- Sector
- Solar, Power Generation (CCGT), Government, Commercial
- Location
- India
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | AC Energy and UPC are jointly (via UPC-AC Energy Solar) developing the 140MW Sitara solar plant in Rajasthan, India. The total investment is $ 67 million, $17 million of which split equally between the sponsors. Debt provider with a total amount of $ 50 million is the US International Development Finance Corporation, a new brand combining the previous US government owned institutions the Overseas Private Investment Corporation (OPIC) and USAID’s Development Credit Authority (DCA). Debt to equity ratio is 3:1. The deal closed on March 15, 2021. https://ijglobal.com/data/transaction/52390/sitara-solar-pv-plant-140mw |
Original sector | Energy |
Budget |
Location
Country | India |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Solar, Power Generation (CCGT), Government, Commercial |
Article published date | 2024-10-01 |
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